Advice on heavy equipment

[Zachary Boy]

I have had a dream for a few years of owning some equipment to #1 clean up my own property #2 expand my home improvement business to include doing house pads, land clearing and etc. A friend is selling his dozer/trac hoe as a package. It includes a 98 John Deere 450 dozer (1240 hrs) and a 2002 70 HP Kobelco track hoe (2460 hrs) for $60,000. Both have been well maintained and are in great shape. My question is do y'all think this is a fair price and if I can't keep it busy commercially could I expect to re-coup my money say a year down the road?